Industry Analysis & Industry Trends
The Safety Equipment and Supplies Wholesaling industry has undergone a solid recovery over the past five years. Prior to the start of the period, poor economic conditions decimated investment in construction and manufacturing. Despite the essential nature of safety equipment in these markets, their declining activity levels caused revenue to fall, meaning that the period began from a low base. Demand for industry products has expanded as construction activity rebounded, buoyed by improving economic conditions and government schemes. Overall, industry revenue is expected to increase at a compound annual rate of 2.3% over the five years through 2016-17 .
Over the past decade, the tightening of workplace health and safety regulations has supported the industry... purchase to read more
Industry Report - Industry Investment Chapter
The Safety Equipment and Supplies Wholesaling industry is estimated to have a moderate level of capital intensity. On average, industry operators spend £7.13 on labour for every £1.00 spent on capital. Wholesaling industries typically have low levels of capital expenditure. The key capital requirements for industry operators relate to the purchase of computers, warehousing equipment and delivery trucks. Wages are at a moderate level, although they are expected to fall marginally as a percentage of revenue in the coming years as firms increase the use of automated online booking systems and inventory management systems.
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